Studies in Economics and Finance

1977 - 2025

Current editor(s): Prof Niklas Wagner

From Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 42, issue 4, 2025

A flexible regime-switching framework for foreign exchange dynamics pp. 631-645

Qihui Feng, Kiseop Lee and Tim Leung

Does CEO power affect the risk profile of acquiring insurance company? pp. 646-670

Adnene Sghaier

CEO power and gender diversity in corporate boards: evidence from European companies pp. 671-692

Adnene Sghaier

Managerial ability and bank loan pricing pp. 693-711

Hung Manh Pham, Dung Viet Tran, Anh Phan and Minh Nhat Nguyen

Analyzing the dynamic effects of Reserve Bank of Australia’s cash rate and oil price fluctuations on equity returns in major Australian companies pp. 712-729

Abbas Valadkhani, Barry O’Mahony and Hazem Marashdeh

Geopolitical risk and foreign direct investment: the role of liberalization, institutions and financial markets pp. 730-758

Muhammad Ubaidillah Al Mustofa and Mohammad Haidar Risyad

An insight into the implications of investor sentiment on crash risk in Asia–Pacific stock markets: are uncertainty factors important? pp. 759-779

An Tuan Nguyen and Nhung Thi Nguyen

Hazy returns: does air pollution affect cryptocurrencies? pp. 780-798

Anirudh Singh and Madhumita Chakraborty

Intraday lottery demands in cryptocurrency market pp. 799-835

Manisha Yadav

Banking index volatility and spillover effects in G7 and BRICS economies: a quantile connectedness approach pp. 836-864

Salha Ben Salem and Olfa El Aoun

Volume 42, issue 3, 2024

Investor attention and market activity: evidence from green cryptocurrencies pp. 397-426

Mohamed Shaker Ahmed, Mohamad Husam Helmi, Aviral Tiwari and Alanoud Al-Maadid

Risks of decentralized finance and their potential negative effects on capital markets: the Terra-Luna case pp. 427-448

Viktor Santiago, Michel Charifzadeh and Tim Alexander Herberger

The reaction of top cryptocurrencies to lawsuit against Binance: an intraday event study pp. 449-467

Seyed Mehdian, Ştefan Gherghina and Ovidiu Stoica

At the crossroads of inflation: analyzing Central Bank responses in noneconomic crises pp. 468-488

Ujkan Q. Bajra, Ardit Gjeçi and Simon Cadez

Regulation by enforcement: the impact of Securities and Exchange Commission enforcement actions on crypto valuation pp. 489-509

Václav Brož

Do stock prices deviate from their fundamental values during and after COVID-19? Evidence from Fintech firms pp. 510-531

Salma Ali, Heba Ali and Amira Tarek

The crude oil spot and futures prices dynamics: cointegration, linear and nonlinear causality pp. 532-552

Wing-Keung Wong, Zhihui Lv, Christian Espinosa and João Paulo Vieito

The financial benefits of going green: an analysis of bank performance and policy impact in China pp. 553-571

Dachen Sheng and Heather A. Montgomery

Optimizing risk management in the Iberian natural gas market: strategies for price volatility pp. 572-591

Ana Catarina de Paula Leite, Leandro Monteiro and Liliana Marques Pimentel

Redenomination risk connectedness among European sovereign bond markets pp. 592-626

Tarek Chebbi, Abdullah Mohammed AlGhazali, Walid Mensi and Sanghoon Kang

Volume 42, issue 2, 2024

How do commodity futures respond to Ukraine–Russia, Taiwan Strait and Hamas–Israel crises? – An analysis using event study approach pp. 201-217

António Miguel Martins

Public spending and sustainable economic development pp. 218-239

Molem C. Sama, Saidou Baba Oumar and Nembo Leslie Ndam

Influence of Ukrainian refugees on the exchange rate and stock market in neighboring countries pp. 240-258

Catalin Gheorghe and Oana Panazan

Unraveling exogenous shocks, financial stress and US economic performance pp. 259-273

Yi-Chia Wang and Hong-Lin Su

Herding behaviour in the cryptocurrency market: the role of uncertainty and return of classical financial markets pp. 274-288

Hojjat Ansari and Moslem Peymany

Digitalization and economic development: lessons from globalized developing countries pp. 289-305

Madhabendra Sinha, Samrat Roy and Darius Tirtosuharto

Integration level within the European Union banking sector pp. 306-326

Younes Gholizadeh

Information and communication technologies, financial inclusion and economic growth: evidence from high- and low-income countries pp. 327-351

Dhita Aditya Nugraha and Sugiharso Safuan

Searching for safe haven assets against American and European stocks during the Russo-Ukrainian War pp. 352-372

Olfa Belhassine and Montassar Riahi

Value relevance of cost of environmental damage pp. 373-393

Joseph Arthur

Volume 42, issue 1, 2024

Are there other fish in the sea? Exploring the hedge, diversifier and safe-haven features of ESG investments pp. 1-30

Luca Pedini and Sabrina Severini

The effects of the Russia–Ukraine war and the Wagner Group coup on defense stocks in Europe: an event study analysis pp. 31-42

Svetoslav Covachev and Gergely Fazakas

The impact of digital inclusive finance on high-quality consumption: evidence from Jiangsu, Zhejiang and Shanghai of China pp. 43-62

Jiangjiao Duan and Mengdi Chen

Inflation persistence: new evidence across US metro areas pp. 63-74

Nicholas Apergis

Economic tides and merger waves: insights from a long-run perspective pp. 75-88

Tilahun Emiru and Sara Weisblatt

How do ESG challenges affect default risk? An empirical analysis from the global banking sector perspective pp. 89-114

Zbigniew Korzeb, Renata Karkowska, Anna Matysek-Jędrych and Paweł Niedziółka

Directional connectedness between the electricity prices and natural gas prices: evidence from Alberta’s electricity market pp. 115-134

Andrés Oviedo-Gómez, Sandra Milena Londoño-Hernández and Diego Fernando Manotas-Duque

Impact of the Russia–Ukraine War: evidence from G20 countries pp. 135-153

Josua Tarigan, Monica Delia and Saarce Elsye Hatane

Understanding cryptocurrency investment behaviour in Jordan: an examination of motivational drivers through the lens of the UTAUT2 model pp. 154-172

Sultan Alzyoud, Hashem Alshurafat and Ibrahim N. Khatatbeh

The ups and downs of oil prices: asymmetric impacts of oil price volatility on corporate environmental responsibility pp. 173-197

Mona Yaghoubi and Reza Yaghoubi

Volume 41, issue 5, 2024

American option evaluations using higher moments pp. 981-997

Patrice Gaillardetz and Saeb Hachem

Does banning cryptocurrencies affect stock markets? pp. 998-1011

Ahmed W. Elroukh

Precious metal prices: a tale of four US recessions pp. 1012-1022

Pablo Agnese, Pedro Garcia-del-Barrio, Luis Gil-Alana and Fernando Perez de Gracia

Co-volatility dynamics in global cryptocurrency and conventional asset classes: a multivariate stochastic factor volatility approach pp. 1023-1043

Shalini Velappan

Stock market indices and interest rates in the US and Europe: persistence and long-run linkages pp. 1044-1056

Guglielmo Maria Caporale, Luis Gil-Alana and Eduard Melnicenco

Return and volatility transmission among economic policy uncertainty, geopolitical risk and precious metals pp. 1057-1084

Opeoluwa Adeniyi Adeosun, Suhaib Anagreh, Mosab I. Tabash and Xuan Vinh Vo

Hidden truncation model with heteroskedasticity: S&P 500 index returns reexamined pp. 1085-1105

Rachid Belhachemi

Can mutual fund characteristics predict future performance? Evidence from Portugal pp. 1106-1118

Maria Inês Sá, Paulo Leite and Maria Carmo Correia

Dynamic connectedness among market volatilities: a perspective of COVID-19 and Russia-Ukraine conflict pp. 1119-1140

Prince Kumar Maurya, Rohit Bansal and Anand Kumar Mishra

In what way can worldwide robotics and artificial intelligence encourage development in green crypto investments? An implementation of a model-free connectedness technique pp. 1141-1165

Le Thanh Ha

Interrelations between bitcoin market sentiment, crude oil, gold, and the stock market with bitcoin prices: Vision from the hedging market pp. 1166-1190

Guanghao Wang, Chenghao Liu, Erwann Sbai, Mingyue Selena Sheng, Jinhong Hu and Miaomiao Tao

Altcoins as safe havens for bitcoin investors pp. 1191-1205

Jin Cai and Gerard Pinto

Volume 41, issue 4, 2024

COVID-19, stability and regulation: evidence from Indonesian banks pp. 741-750

Putra Pamungkas, Taufiq Arifin, Irwan Trinugroho, Evan Lau and Bruno S. Sergi

Excess cash or excess headache? Demonetisation and bank behaviour in India pp. 751-774

Saumen Majumdar, Swati Agarwal and Saibal Ghosh

The impact of the COVID-19 pandemic on regional inflation in Indonesia pp. 775-795

Iqbal Reza Nugraha, Gumilang Aryo Sahadewo and Sekar Utami Setiastuti

Is there a time-varying nexus between stock market liquidity and informational efficiency? – A cross-regional evidence pp. 796-844

Subhamitra Patra and Gourishankar S. Hiremath

ESG, innovation, and economic growth: an empirical evidence pp. 845-870

Siti Nurazira Mohd Daud, Nur Syazwina Ghazali and Nur Hafizah Mohammad Ismail

Unveiling the complex web: exploring the international fossil fuel trade network and its impact on CO2emissions and trade patterns pp. 871-901

Vidya Ct, Srividhya M. and Ujjwal D.

The dynamic trade-off theory of capital structure: evidence from a panel of US industrial companies pp. 902-922

Ridha Esghaier

Conviction, diversification or something else: constructing optimal portfolios with additional attributes pp. 923-938

Muhammad Farid Ahmed and Stephen Satchell

A collective decision-making model of p2p lending platforms compared to bank lending pp. 939-952

Ruth Ben-Yashar and Miriam Krausz

Leading and lagging role between financial stress and crude oil pp. 953-979

Ahmet Galip Gençyürek

Volume 41, issue 3, 2023

Politics, integration of ESG in CEO compensation, and firm credit ratings: evidence from the USA pp. 456-477

Emma Y. Peng and William Smith

A cross-quantile correlation and causality-in-quantile analysis on the relationship between green investments and energy commodities during the COVID-19 pandemic period pp. 478-501

Aarzoo Sharma, Aviral Tiwari, Emmanuel Abakah and Freeman Brobbey Owusu

ESG and the performance of energy and utility portfolios: evidence from Australia pp. 502-521

Scott J. Niblock

Cost efficiency of municipal green bonds’ measures: a marginal abatement cost curves approach pp. 522-544

Tommaso Piseddu and Fedra Vanhuyse

Balancing prosperity and sustainability: unraveling financial risks and green finance through a COP27 lens pp. 545-570

Shakeel Sajjad, Rubaiyat Ahsan Bhuiyan, Rocky J. Dwyer, Adnan Bashir and Changyong Zhang

Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan pp. 571-595

Arifa Tanveer, Shihong Zeng and Wei Tian

Impacts of climate pact on global oil and gas sector stocks pp. 596-618

Vineeta Kumari, Rima Assaf, Faten Moussa and Dharen Pandey

Is short-term firm performance an indicator of a sustainable financial performance? Empirical evidence pp. 619-637

Umar Nawaz Kayani, Christopher Gan, Mustafa Raza Rabbani and Yousra Trichilli

Uncovering time and frequency co-movement among green bonds, energy commodities and stock market pp. 638-659

Miklesh Prasad Yadav, Shruti Ashok, Farhad Taghizadeh-Hesary, Deepika Dhingra, Nandita Mishra and Nidhi Malhotra

The relevance of carbon performance and board characteristics on carbon disclosure pp. 660-683

Ghassan H. Mardini and Fathia Elleuch Lahyani

Country-level governance and sustainable development goals: implications for firms’ sustainability performance pp. 684-723

Faozi A. Almaqtari, Tamer Elsheikh, Khaled Hussainey and Mohammed A. Al-Bukhrani

ESG consideration in venture capital: drivers, strategies and barriers pp. 724-739

Elfi M. Lange and Niloofar Ghotbedini Banadaki

Volume 41, issue 2, 2023

The economic and environmental effects of an optimal emission reduction subsidy policy in the presence of business cycles pp. 224-240

Fariba Ramezani, Amir Arjomandi and Charles Harvie

Do financial innovations influence bank performance? Evidence from China pp. 241-267

Shaen Corbet, Yang (Greg) Hou, Yang Hu, Les Oxley and Mengxuan Tang

How is the ECB’s quantitative easing transmitted to the financial markets? pp. 268-285

Donia Aloui and Abderrazek Ben Maatoug

Does religion influence the household finance? Evidence from Europe pp. 286-311

Rashed Ashqar and Júlio Lobão

Spillover effects and transmission of shocks in Visegrad equity markets pp. 312-334

Florin Aliu, Vincenzo Asero, Alban Asllani and Jiří Kučera

Measuring the degree of connection between currency futures: Empirical dive into higher moments pp. 335-364

Murat Donduran and Muhammad Ali Faisal

How does fear spread across asset classes? Evidence from quantile connectedness pp. 365-388

Panos Fousekis

Does board gender diversity affect firms’ expected risk? pp. 389-409

Jodonnis Rodriguez, Krishnan Dandapani and Edward R. Lawrence

Drivers of the next-minute Bitcoin price using sparse regressions pp. 410-431

Ikhlaas Gurrib, Firuz Kamalov, Olga Starkova, Elgilani Eltahir Elshareif and Davide Contu

Estimating the excess of interests paid by consumers when applying an upper rate. The case of Spain pp. 432-452

Salvador Cruz Rambaud and Paula Ortega Perals

Volume 41, issue 1, 2024

Evolution of short-term contrarian profits pp. 1-27

Xuebing Yang and Huilan Zhang

Capital structure and momentum strategies pp. 28-45

George Li, Ming Li and Shuming Liu

Feedback trading in the cryptocurrency market pp. 46-63

Mohamed Shaker Ahmed, Adel Alsamman and Kaouther Chebbi

The impact of bitcoin on gold, the volatility index (VIX), and dollar index (USDX): analysis based on VAR, SVAR, and wavelet coherence pp. 64-87

Florin Aliu, Alban Asllani and Simona Hašková

Financial risk tolerance of individuals from the lens of big five personality traits – a multigenerational perspective pp. 88-101

Crystal Glenda Rodrigues and Gopalakrishna B.V.

Does the day-of-the-week effect exist in other asset classes? Investigation of the globally listed private equity markets pp. 102-124

Marcel Steinborn

Exploring the relationship between digital trails of social signals and bitcoin returns pp. 125-147

Tezer Yelkenci, Birce Dobrucalı Yelkenci, Gülin Vardar and Berna Aydoğan

Corporate shareholder value creation as contributor to economic growth pp. 148-176

John Henry Hall

Does uncertainty promote exchange rate volatility? Global evidence pp. 177-191

Muhammad Aftab, Maham Naeem, Muhammad Tahir and Izlin Ismail

Testing for sign and size symmetry between futures prices and spot prices in the markets of energy commodities: risk diversification and policy implications pp. 192-220

Dimitrios Panagiotou and Filio Naka